XLD Xceldiam

RNS Number:8912P
Xceldiam Limited
22 January 2007


                                                                 22 January 2007



                                Xceldiam Limited

                         (the "Company" or "Xceldiam")



The Company notes the recent movement in its share price and accordingly
announces it is in advanced stage negotiations which may lead to an offer
equating to approximately 50 pence per share being made for the Company or one
of its subsidiaries.



The Company will make a further announcement in due course.





For more information please contact:



Tim George, CEO, Xceldiam Limited                 +27 82 573 4199

David Youngman, WH Ireland                        +44 161 832 2174


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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